ChainCatcher reports that, according to market sources, Japanese financial group SBI Holdings has announced that its subsidiary plans to acquire a majority stake in Singapore-based digital asset exchange Coinhako, pending regulatory approval.
The transaction includes providing investment capital and purchasing shares from existing shareholders. Coinhako holds a license from the Monetary Authority of Singapore and is regulated in the British Virgin Islands, with over ten years of operation in the digital asset space. The acquisition aims to integrate Coinhako’s infrastructure with SBI’s global financial network to develop a digital asset ecosystem in Asia. An SBI representative stated that this move aligns with their strategy to expand digital asset infrastructure and develop next-generation financial services.
Coinhako CEO Yusho Liu said the company plans to enhance its infrastructure to meet the growing demand for tokenized assets and stablecoins, while Singapore will continue to serve as a key hub.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
SoonTech Confirms Participation at Hong Kong Web3 Festival 2026 - BTC Hunts
Hong Kong Web3 Festival 2026 will be held from April 20 to 23, featuring SoonTech as a Secondary Exhibition Sponsor. The event promises 400 speakers and thousands of industry executives, solidifying its role in advancing Web3 in the region.
BTCHUNTS8m ago
Swiss Centennial Bank Banque SyzUP Splits Over Bitcoin, Son Takes Team and Assets to Build Europe's Largest BTC Treasury
Geneva's century-old private bank Banque Syz rejected a cryptocurrency asset integration proposal by its board of directors, prompting Marc Syz, son of the founder, and his partner Richard Byworth to resign and establish a bitcoin treasury company. Although the proposal only involved 0.9% of the bank's assets, it reflects contradictions between family members and traditional banking models. Marc's departure signals a reflection on the growth bottlenecks of traditional private banking and an entry into the bitcoin market where risks and uncertainties coexist.
動區BlockTempo2h ago
Latam Insights: Ripple Accelerates Brazilian Expansion, Brazil Backpedals on Crypto Taxation
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes moves to accelerate its expansion into Brazil, the Brazilian government is reportedly backpedaling on its crypto taxation plans, and Argentina bans access to
Coinpedia2h ago
XRP Open Interest Drops 75%, But Stablecoin Fragmentation Intensifies XRP Bridge Demand
XRP open interest declined approximately 75%, indicating that leveraged traders are exiting the market, but stablecoin fragmentation may increase bridge demand for XRP. Evernorth Holdings' IPO application demonstrates that institutions still view XRP's long-term value positively. The overall market faces macroeconomic pressure, with weak short-term momentum structure.
MarketWhisper5h ago
Mastercard Spends $1.8 Billion on Stablecoin Insurance, Cross-Border Payment King Begins Defense
Mastercard is acquiring stablecoin infrastructure company BVNK for up to $1.8 billion, a move aimed at protecting its market position in cross-border transactions as stablecoins threaten 37% of its revenue. BVNK will help Mastercard integrate stablecoin payments, improve settlement efficiency and reduce costs, while addressing regulatory challenges. User experience may remain unchanged in the future, but settlement speed and costs are expected to improve.
MarketWhisper7h ago
TradingRazor Partners With Manadia to Advance AI-Driven DeFi Trading Systems
Manadia, a data settlement and AI coordination infrastructure with expertise in enabling verifiable execution across various blockchain networks, today announced a strategic partnership with TradingRazor, an AI-powered multi-chain trading intelligence platform that helps traders to capture
BlockChainReporter10h ago
